Annual Report of the Executive Board

From Stabilization to Sustainable Growth

October 2014

Annual Report 2014

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From Stabilization to Sustainable Growth

Annual Report 2014 Message from the Managing Director and Chair of the Executive Board

Chapter 1: Overview of the Year

Chapter 2: Developments in the Global Economy and Financial Markets

Chapter 3: Managing Multiple Transitions

Chapter 4: Supporting a Sustainable Recovery and Restoring Resilience

Chapter 5: Finances, Organization, and Accountability

Executive Directors and Alternates

Senior Officers

IMF Organization Chart

Notes

Appendix I: International Reserves

Appendix II: Financial Operations and Transactions

Appendix III: Press Communiqués of the IMFC and Development Committee (October 2013 and April 2014)

Appendix IV: Executive Directors and Voting Power

Appendix V: Changes in Membership of the Executive Board

Appendix VI: Financial Statements for FY2014